REDUCED 10%

NM Apartment Advisors is excited to have listed this wonderful owner occupant style fourplex located between Downtown and Old Town Albuquerque with a high walk (84), bike (83), and transit (47) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).Located at 317 15th NW, and offered at $525,000, which is just five thousand dollars higher than its January 2018 appraisal.The property's is walking distance to both the downtown central business district, old town and a couple dozen brew pubs, and specialty coffee shows. (Think of it as the epicenter for the three B's - bikes, brews, and beer).At the ask price of $525,000 and an average rent of $1,038 the measure of investment performance include a GRM of 10.54, a CAP

Essential Information

MLS® #:
895797

Price:
$525,000

Square Footage:
3,099

Acres:
0.16

Year Built:
1965

Type:
Residential Income

Sub-Type:
Four Plex

Status:
Active

Community Information

Address:
317 15th Street Nw

Area:
80 - Downtown Area

Subdivision:
Perea Add

City:
Albuquerque

County:
Bernalillo

State:
NM

Zip Code:
87104

Amenities

Amenities:
Wshr/Dryr HU in Unit

Utilities:
All City

Interior

Appliances:
Refrigerator

Heating:
Central Forced Air

Cooling:
Evaporative

# of Stories:
1

Stories:
1 Story

Exterior

Construction:
Frame, Block

Additional Information

Date Listed:
June 29th, 2017

Days on Market:
580

Zoning:
SU-2

Listing Details

Listing Agent:
Todd Clarke

Listing Office:
NM Apartment Advisors, Inc.

Office Phone:
(505) 440-8633

Financials

$/SqFt:
$169

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on September 15th, 2019 at 5:56am MDT.